Tag Archives: Natural Gas

Risk aversion continues as the major market driver amid the Russian invasion of Ukraine. The attacks have continued throughout the weekend, and a third round of cesefire talks has not eased the situation. Economic DataThe Investor Movement Index® (IMXSM) decreased to 6.79 in February, down from 7.07 in January. The …

Forecaster says $120 oil triggers its pessimistic scenario. Weaker growth would blow Treasury’s budget off track. Great Britain is heading for a recession in the second half of 2022 if energy prices remain at current levels, according to the National Institute of Economic and Social Research.The research group said UK …

The White House on Friday confirmed earlier reports that it is looking at options to cut US consumption of Russian energy. The White House labelled Russia’s attack on a nuclear plant in Ukraine as the “height of irresponsibility” and said that targeting civilian infrastructure would constitute a war crime. An …

US equities are sharply lower on Tuesday’s US session as investors express concerns and fret about the global economic impact of the West’s harsh sanctions against Russia.Russians intensified bombardment of Ukrainian cities. Commodity prices, including crude oil, natural gas and wheat, surged on Tuesday, igniting further concerns about longer-lasting inflationary …

Filtering information is one of investors’ most important tasks. It is normally a difficult task under the best conditions, but right now, amid the fog of war, filtering information is nearly impossible.Away from reports, fake images and news from Russia and Ukraine, the fog is also engulfing a lot of …

Both Brent and WTI crude oil benchmarks slipped back to pre-invasion levels on Friday afternoon, dashing the predictions of some that the oil markets would see apocalyptic pricing.As Russia moved into Ukraine on Thursday by land, air, and sea, crude oil prices shot up in an already volatile oil market. …

Baker Hughes on Friday reported that the number of active US rigs drilling for oil was up by two to 522 this week. That followed a climb of 4 oil rigs the week before, Baker Hughes data show. The total active US rig count, which includes those drilling for natural …

As geopolitical tensions rise, the cryptocurrency’s price has fallen. Bitcoin has experienced a choppy week amid Russia’s Ukraine invasion. Observers suggest the cryptocurrency might not be the safe haven backers believe it to be.Some digital-asset investors have previously described bitcoin as “digital gold”, referring to the idea that the cryptocurrency …

Stocks in Europe were sharply lower, but the S&P 500 rebounded after an early decline. Energy markets swung wildly, and shares in Moscow collapsed. Oil prices and global stock markets swung wildly on Thursday after Russia launched an invasion of Ukraine, raising fears of a wider economic crisis that could …

The US Energy Information Administration reported on Thursday that domestic natural-gas supplies fell by 129 billion cubic feet for the week ended Feb. 18. Total supplies in storage stand at 1.782 trillion cubic feet. The change in stocks compared with the average weekly decline of 128 billion cubic feet forecast …